Star Diamond hires Misty, SGS for PFS on Star-Orion

Executive Summary

• Star Diamond Corp. has engaged Misty Clifton Engineering LP and SGS Canada Inc. to conduct a pre‑feasibility study (PFS) for the Star‑Orion South diamond project, with completion expected in Q4 2026.
• The PFS will build on the 2024 revised mineral resource estimate and incorporate updates from the 2018 Preliminary Economic Assessment, including mining method, process plant design, site layout, and infrastructure.
• Multiple specialist firms (Takraf GmbH, ACA Howe International, Ravenscroft Mining Advisors) will support engineering, equipment selection, QA/QC, and diamond price modeling, underscoring a comprehensive approach to maximize project economics.

Key Details

• Consultants Engaged: Misty Clifton Engineering LP (MCLP) – majority‑indigenous owned, provides geotechnical, hydrogeological, tailings management, and environmental engineering services; SGS Canada Inc. – lead consultants on 2018 PEA, will update mine design, civil engineering, and process plant design via its subsidiary SGS Bateman.
• Study Timeline: PFS anticipated to be completed during Q4 2026.
• Scope of Work: Incorporate revised 2024 mineral resource estimate; update mining method, process plant design, site layout, infrastructure; integrate prior work from 2018 PEA.
• Supporting Partners: Takraf GmbH – continuous mining systems for overburden removal; ACA Howe International – QA/QC, exploration history, geological modeling; Ravenscroft Mining Advisors with in‑house specialist Nelson Karun – diamond price modeling and risk mitigation.
• Strategic Rationale: Leveraging long‑standing consultant relationships and indigenous partnership to enhance technical rigor and project economics.
• Executive Quote: “Our technical team has assembled an excellent group of consultants… we are confident they will apply their expertise in a rigorous way to maximize the economics of the project.” – Ewan Mason, CEO & Chair.

Notable Quotes

“Our technical team has assembled an excellent group of consultants who have extensive prior experience on the project and we are confident they will apply their expertise in a rigorous way to maximize the economics of the project.” – Ewan Mason, Chief Executive Officer & Chair.